Trucking Business News

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

Editorial: Saving the Highway Trust Fund

We are pleased and relieved that the Senate finally agreed to support the restitution of $8 billion to the faltering Highway Trust Fund from the U.S. Treasury to undo an old wrong.

September 17, 2008
GovernmentBusiness

August Housing Starts Plunge 6.2%

New home construction plunged 6.2% in August, the Commerce Department said Wednesday.

September 17, 2008
GovernmentBusinessFuel

House Passes Energy Bill Allowing More Offshore Drilling

The House late Tuesday approved a bill that legislation that would open more offshore areas for oil and oil and natural gas drilling, pending states鈥 approval, the Associated Press reported.

September 17, 2008
BusinessSafety

FMCSA to Consider Preventability in Crash Rate Permits for Hazmat Carriers

The Federal Motor Carrier Safety Administration has published an interpretation indicating that it will consider 鈥減reventability鈥 of a crash when a motor carrier contests the denial of a hazardous materials safety permit, based on the crash-rate disqualification.

September 17, 2008
BusinessSafetyLogistics

Letters to the Editor: Thank you, Trucking; Outsourcing; Lane Restrictions

In honor of National Trucking Week, Sept. 7-14, let鈥檚 take a minute to think about the trucking industry and the thousands of men and women who work within it to make our lives functional, comfortable, healthy and safe.

September 17, 2008
BusinessTechnologyAutonomous

Oregon County Using Cameras to Monitor Truckers鈥 Seat-Belt Use

The Clackamas County, Ore., sheriff鈥檚 office is using high-tech cameras to catch truck drivers who don鈥檛 buckle up, the Oregonian newspaper reported Tuesday.

September 16, 2008
Business

Fed Keeps Key Interest Rate at 2%

The Federal Reserve voted Tuesday for a third straight time to hold a key U.S. interest rate at 2%.

September 16, 2008
FuelBusinessLogisticsGovernment

Diesel Drops 3.6垄 to $4.023; Gasoline Jumps 18.7垄 to $3.835

Despite a major hurricane on Texas鈥 Gulf Coast this weekend, diesel fuel鈥檚 national average price fell for the ninth straight week, dropping 3.6 cents to $4.023 a gallon, but gasoline鈥檚 average jumped 18.7 cents, the Department of Energy said Monday.

September 16, 2008
BusinessGovernment

Consumer Price Index Falls for First Time in Two Years

Consumer prices fell in August for the first time in almost two years, the Labor Department said Tuesday.

September 16, 2008
BusinessFuelGovernment

Oil Continues to Fall; DOE Approves Some SPR Releases

Oil prices continued to fall Tuesday, dropping below $92 a barrel in early trading, while Department of Energy approved oil releases from the Strategic Petroleum Reserve to help refineries left with supply shortages due to Hurricane Ike, Bloomberg reported.

September 16, 2008